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confusedtrader

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confusedtrader

Re: Spartak post# 1028

Friday, 08/03/2012 8:04:51 AM

Friday, August 03, 2012 8:04:51 AM

Post# of 1711
The cost saving from the resignation of the 2 execs will add, going forward, 2 cents per qtr to eps. And in their weakest June qtr, ABTL posted 2 cents eps. So, ABTL should be able to deliver 4 cents per qtr as long as it atleast meets the weakest June qtr numbers, every quarter.

Annual eps at a minimum of 16. And book value is 2.6.

Looks cheap to me.
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